Marjam Company Owns 30,000 Shares of MacKenzie Company's 100,000 Outstanding

Multiple Choice

Marjam Company owns 30,000 shares of MacKenzie Company's 100,000 outstanding shares of common stock.MacKenzie Company pays $25,000 in total cash dividends to its shareholders.Marjam's entry to record this transaction should include a:

A) Credit to Dividend Revenue for $7,500.
B) Credit to Interest Revenue for $25,000.
C) Credit to Equity Method Investments for $7,500.
D) Credit to Equity Method Investments for $25,000.
E) Credit to Dividend Revenue for $25,000.